Tag: GBPUSD

The GBP/USD pair has been racing higher lately, and the Monday session first looked as if it was going to be the pullback most traders would have needed. However, the fall was very short-lived, and it formed...

The GBP/USD pair shot straight up for the Friday session as the 1.6050 level finally gave way. The move may be a bit overextended at the moment, but the pair looks like it is a good “buy...

The GBP/USD pair had a positive day on the session for Thursday as the Pound continues to gain after the Bank of England has suggested that the economy will not require further easing.

The GBP/USD pair rose again on Wednesday as the Bank of England suggested that easing wouldn’t be a consideration going forward. The British economy has been holding up well all things considered, and because of this, the...

The GBP/USD pair rose during the session on Tuesday, but failed to hang onto much of the gains for the session. The resulting candlestick looks a bit like a shooting star, and as a result it looks...

The GBP/USD pair rose rapidly during the session on Monday as the 200 day moving average continued to offer support in this pair. The 1.58 level looks like the area we need to break below in order...

The GBP/USD pair fell hard on Friday as the world’s traders sold off risk in general. The Chinese GDP numbers fell flat, and people took risk off going into the weekend as a result. However, the reaction...